Pace E-Commerce Ventures Limited announces the launch of Ostilos - www.ostilos.com - a groundbreaking fashion & lifestyle e-commerce platform, offering a bold and empowering fashion experience for adults of all genders. With a focus on self-expression, quality, and affordability, Ostilos is poised to reshape the way individuals embrace style and lifestyle.
Ostilos stands at the intersection of fashion and self-confidence, embodying the spirit of individuality and creative exploration. The platform prides itself on curating a collection of distinctive and chic pieces that encourage wearers to experiment fearlessly with colors, prints, and graphics.
Commenting on this milestone, Shaival Gandhi, Managing Director, said: "I am thrilled to announce the launch of yet another groundbreaking e-commerce portal from the house of Pace ECommerce Ventures. At the heart of our philosophy with Ostilos' is the commitment to deliver premium quality fashion which is accessible to all. The brand achieves this by combining impeccable craftsmanship with affordable prices. I would like to think of our platform as more than an e-commerce destination. It's a hub of self-discovery and expression. By offering a range of thoughtfully designed pieces that blend creativity and quality, we aim to empower individuals to make style their own.
Through our streamlined direct sourcing model and innovative manufacturing techniques including our efficient inhouse stitching unit, Ostilos eliminates unnecessary overhead costs, ensuring that customers receive exceptional value without compromising on style or quality. Our approach to inventory management draws inspiration from the renowned "just in time" methodology. By minimizing the stock of finished goods and producing clothing and accessories based on customer orders, Ostilos effectively utilizes Pace's stitching ecosystem to create a synergy between demand and supply. This approach not only reduces waste but also draws synergy between Ostilos and Pace's other operational and upcoming e-commerce ventures.
As far as our other ambitious project goes, the Print-on-Demand (POD) e-commerce portal, along with the manufacturing ecosystem and the design community behind it, is shaping up really well. We are on track to launch this platform in the coming months. We have also officially decided on the brand - Wishrows - for our POD ecommerce portal."
Shares of Pace E-Commerce Ventures Limited was last trading in BSE at Rs. 22.21 as compared to the previous close of Rs. 22.12. The total number of shares traded during the day was 103200 in over 82 trades.
The stock hit an intraday high of Rs. 22.95 and intraday low of 21.60. The net turnover during the day was Rs. 2303640.00.